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spirals

Browse the Dictionary:: A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; Q; R; S; T; U; V; W; X; Y; Z; #

inflationary spiral

Main Entry: inflationary spiral

Function: noun

Date: 1931

: a continuous rise in prices that is sustained by the tendency of wage increases and cost increases to react on each other

Learn more about "spirals"

Learn more about "spirals" and related topics at Britannica.com

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